Standard & Poor's launched a service to help U.K. pension plan trustees understand the financial strength or weakness of the pension funds, necessary under new government regulations, according to Aidan O'Mahony, managing director of S&P's European pension services. The service will use S&P's credit ratings or, for companies not rated by S&P, its models and techniques.
"Trustees are people of high moral standards, but they're not financial experts," Mr. O'Mahony said. "We've tried to take our rating assessment and break it down into digestible chunks."
